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year which also provided much-needed relief funds for hurricane sandy victims. that was a bipartisan bill. it was supported by senate republicans and democrats alike. but the republicans in the house regrettably gutted the bill and sent back legislation that explicitly cut out wildfire relief. in that context, let me make one point absolutely clear. this is an emergency. some people have questioned the need for funding and have asked why we wouldn't limit dollars to just hurricane sandy saer kwras like the bill -- hurricane sandy areas. the short answer is it is the fiscally smart thing to do, the right thing to do, and the fair thing to do. this bill is an emergency appropriations bill for all national disasters, not just hurricane sandy. it is our best hope of seeing wildfire relief. i emphatically note that the colorado emergencies occurred before hurricane sandy and the west should not have to continue to wait. very few emergency supplemental bills pass congress. this bill is passing now, and it should include aid for colorado and other states across our country. we as americans,
this discussion, i'll just tell you one very personal anecdote. three days before the sandy hook shooting, i was in denver, colorado, on personal business. and i was driving through the denver suburbs, and i passed into aurora rah, colorado, and saw the sign and thought to myself -- as journalists often do -- oh, my god, this just disappeared from our landscape. it happened not that long ago in which a young man, now appears to be utterly deranged, b went into a movie theater and began shooting down people with an assault weapon. and it went away. the not part of the presidential debate, it was not part of the fabric of our lives, it was not part of the daily journalistic diet. so on that wednesday night i e-mailed the producer of the "meet the press" show that was coming up on that sunday in which they would be talking about big ideas that america needs to be thinking about. and i said you should put shooting at the top of the list. we have been through aurora, the sikh temple, the oregon shopping mall, think about this, this is before we got to sandy hook. in newtown. we'd had a time of ab
change, and unimaginable human tragedies like sandy hook elementary. but we also bear witness to rapid breakthroughs in technology, medicine, and the fundamental understanding of our universe. every day i am left in awe at how much we are able to achieve, and heartbroken over the tragedies that we have had to endure. we truly live in extraordinary times. we also live in an extraordinary state, filled with extraordinary people. where the world sees uncertainty, we washingtonians see opportunity. and we all feel a profound responsibility to our children and our grandchildren. we have a spirit of innovation here in washington that has changed the world, from aerospace to software to e-commerce. and you know what? we are not done. [applause] a new world economy is emerging from the depths of this recession, and while its contours and relationships are not fully understood to us, we do know two things. first, with our uniquely powerful fusion of values and talents, washington state has the potential to lead the next wave of world-changing innovations. second, the world will not wait for us.
to make whole the victims of hurricane sandy. each of these initiatives passed the senate on a bipartisan basis but was left to languish by the house. the senate will continue to help our fellow americans to help with hurricane sandy before another similar disaster strikes. hundreds of thousands of homes and businesses were destroyed in new york, new jersey and new england and tens of thousands of americans were left homeless by this destructive storm. we have a responsibility to aid our country men as they rebuild their lives and communities as we have after terrible floods, fires and storms in other parts of our nation. once we complete that vital legislation, the senate will take action to make this institution that we all love -- the united states senate -- work more effectively. we'll consider changes in the senate rules. because of this -- because this matter warrants additional debate, we will follow the precedent set in 2005 and again in 2011 to reserve the right of all senators to propose changes in the senate rules and we will explicitly not act in acquiescing in carrying out al
to come in and settle themselves down. super storm sandy, drought on agriculture, wildfires, the earthquake, tsunami, and nuclear reactor accident in japan last year, haiti earthquake, the list is long and worrying. in 20 # 11, we had more disasters in the united states costing more than a billion dollars than ever. in fact, we had more expensive disasters, but not quite as many in 2012. the drought and the super storm were hugely, hugely expensive. disasters are happening with greater frequency, greater severity, and absolutely with many, many greater costs. we ray -- we are here over the next three days to work across traditional boundaries to connect scientists of all stripes with practitioners, with policymakers from the international to the local level with conservation organizations, with cooperations, and it is our belief that only, and i want to emphasize "only" by working together can we solve these challenges that face us. the costs are the just not financial, but as we tragically know, many, many lives are lost in these disasters so if we can come up with just one
the victims of hurricane sandy. these were debated in the senate. we have to take prevent costumes and preventions before another hurricane sandy. thousands of homes and businesses were destroyed in new york, new jersey, and new england, and 10,000 americans were left homeless. we have a responsibility to rebuild their lives and their communities. as we have done with those who are victims of fire and other natural disasters and other parts of the nation. we will consider changes to the senate rules. because this is a matter of additional debate, we reserve the right of all senators to oppose changes to the senate rules. it is my intention that the senate rules are continued and allow these important rules discussion to continue. i'm hopeful am cautiously optimistic that the republicans and democrats can reach an agreement to manage the senate more effectively in coming months. >> republican leader? >> mr. president, i want to start by co want to start by congratulating president obama on his inauguration. presidential inauguration to always time for the country to come together. w
. but there really was a balance sheet driven industry. and along came my friend sandy lyle who i referred to earlier, a brilliant fellow, who through the travelers transaction figured out a way in essence to transform banking to an income statement driven system. i've been a hedge fund for years, as you mentioned. i cared about what i made every year, and it was a different culture than that i experienced as a banker. so i'm not sure we can stuff dodd-frank, that gene, back in the bottle. i'm not saying, we're not saying, our teams are not saying that the holding copies cannot engage in these other activities but other activities but what we're saying is they will not have government guarantees. they will not be able to borrow from the discount window, plain and simple. every simple. everyone of their clients will acknowledge the fact that that money is at risk. so it's not forbidding. it doesn't formally split, but it applies to guarantees only to specific practice, what we would call commercial banking, to deposit taking entity. and to none of the rest it would be made extremely clear. as to the s
Search Results 0 to 6 of about 7

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